Quick Verdict
WhiteBIT is a solid European exchange that has quietly built a 3M+ user base since launching in 2018. Registered in Lithuania under EU regulations, it offers 400+ trading pairs, futures up to 100x leverage, and a clean interface that works well for intermediate traders. After 60 days of testing with real funds, we found it reliable for both spot and futures — but the 0.1%/0.1% spot fees are on the higher side, and the platform lacks the advanced derivatives tools you get on PrimeXBT or Bybit.
WhiteBIT's strongest selling point is its EU regulatory compliance combined with a wide coin selection. If you are a European trader who wants regulated access to hundreds of altcoins plus moderate leverage, WhiteBIT is a strong contender. If you primarily trade derivatives and want the lowest fees, look elsewhere.
Pros
- 400+ trading pairs with good altcoin coverage
- EU-regulated (Lithuania) — strong legal protections
- Up to 100x futures leverage
- Clean, intuitive interface
- Free EUR deposits via SEPA
- WBT token for fee discounts
Cons
- 0.1%/0.1% spot fees higher than competitors
- Limited advanced charting tools
- Not available in USA or Russia
- Futures liquidity lower than top-tier exchanges
- Customer support can be slow during peak hours
- No copy trading feature
Fees Breakdown
WhiteBIT uses a standard maker/taker fee model with volume-based tiers. Here is how it compares to the leading alternatives:
| Fee Type | WhiteBIT | PrimeXBT | Bybit |
|---|---|---|---|
| Spot Maker | 0.1% | {'text': 'N/A (CFD only)', 'highlight': False} | 0.1% |
| Spot Taker | 0.1% | N/A | 0.1% |
| Futures Maker | 0.02% | 0.01% | 0.02% |
| Futures Taker | 0.06% | 0.045% | 0.055% |
| Max Leverage | 100x | 500x | 125x |
| Deposit Fee (SEPA) | Free | Free | Free |
| USDT Withdrawal (TRC-20) | 1 USDT | 0.8 USDT | 1 USDT |
Holding WBT (WhiteBIT's native token) provides up to 30% fee discount. High-volume traders reaching 50+ BTC monthly volume unlock the lowest tier at 0.04% maker / 0.06% taker on spot. For futures traders, PrimeXBT's 0.01% maker fee remains significantly cheaper.
Trading Features
WhiteBIT offers spot trading, margin trading (up to 10x), and USDT-M futures (up to 100x). The platform supports standard order types including limit, market, stop-limit, and trailing stop. The charting is powered by TradingView, which is adequate but lacks the customization depth of dedicated derivatives platforms.
The exchange launched its own launchpad for new token listings and a staking program offering yields on 30+ assets. These DeFi-adjacent features add value for holders, though yields are generally lower than dedicated DeFi protocols. There is no copy trading, grid trading bot, or options trading — features available on PrimeXBT and Bybit respectively.
WhiteBIT codes (gift cards) are a unique feature allowing instant, fee-free transfers between WhiteBIT users. The P2P marketplace supports local currency trades in 20+ countries. API access is available with WebSocket support, though rate limits are more restrictive than top-tier exchanges.
Security & Regulation
WhiteBIT is operated by WhiteBIT LLC, registered in Lithuania and licensed under the EU's crypto regulation framework. The exchange holds 96% of assets in cold storage, publishes proof-of-reserves audits quarterly, and has never suffered a significant hack or fund loss.
Security features include mandatory 2FA, withdrawal address whitelisting, anti-phishing codes, and session management. The platform passed a CertiK security audit in 2024. While not as battle-tested as Coinbase or Kraken, WhiteBIT's regulatory status and security track record are solid for a mid-tier exchange.
Deposit & Withdrawal
WhiteBIT supports EUR deposits via SEPA (free, 1-2 business days), credit/debit cards (2.5% fee, instant), and multiple local payment methods. Crypto deposits are free across all supported networks. Fiat withdrawals via SEPA are also free with a 1-3 business day processing time.
Crypto withdrawal fees are average — 0.0005 BTC for Bitcoin (ERC-20) and 1 USDT for Tether (TRC-20). Choosing the right network is essential to minimize costs. Overall, the fiat on/off ramp experience is smooth for EU users, though non-European users may find fewer options.
WhiteBIT vs PrimeXBT
| Feature | WhiteBIT | PrimeXBT |
|---|---|---|
| Spot Trading | Yes — 400+ pairs | No (CFD only) |
| Max Leverage | 100x | 500x |
| Futures Maker Fee | 0.02% | 0.01% |
| Copy Trading | No | Covesting |
| Regulation | EU (Lithuania) | Seychelles + 3 more |
| Fiat Deposits | SEPA, Cards, Local | Cards, Crypto |
| Multi-Asset | Crypto only | Crypto + Forex + Indices |
WhiteBIT wins on spot trading variety and EU regulation. PrimeXBT wins on leverage, fees, and multi-asset access. If you want to hold and trade hundreds of altcoins within a regulated EU framework, WhiteBIT is the better choice. If you are a derivatives-focused trader who wants the highest leverage at the lowest cost, PrimeXBT is superior.
Who Should Use WhiteBIT?
Best for: European traders who want regulated access to 400+ coins, moderate futures leverage, and smooth fiat on-ramps via SEPA. Also suits intermediate traders looking for a clean platform with staking options.
Not ideal for: High-frequency derivatives traders (fees too high), US residents (not available), or traders needing advanced tools like copy trading, grid bots, or options. For those use cases, consider PrimeXBT or Bybit instead.
Final Verdict
WhiteBIT earns a 3.6/5 rating. It is a dependable European exchange that does the basics well — clean interface, 400+ coins, EU regulation, and decent futures. But it does not excel in any single category: fees are average, leverage is mid-range, and advanced features are limited. For EU spot traders, it is a solid choice. For derivatives traders seeking the lowest costs and highest leverage, PrimeXBT remains the stronger option at 0.01% maker fees and 500x leverage.
Frequently Asked Questions
Is WhiteBIT safe to use in 2026?
WhiteBIT is registered in Lithuania and operates under EU regulatory oversight. It uses cold storage for 96% of funds, offers proof-of-reserves audits, and has not suffered any major security breach. However, it lacks the track record of older exchanges like Kraken or Coinbase.
What are WhiteBIT's trading fees?
WhiteBIT charges 0.1% maker and 0.1% taker fees on spot trading. Futures fees are 0.02% maker and 0.06% taker. Volume-based discounts and WBT token holdings can reduce fees further. Compared to PrimeXBT's 0.01% maker fee, WhiteBIT is more expensive for active traders.
Does WhiteBIT support fiat deposits?
Yes. WhiteBIT supports EUR deposits via SEPA bank transfer (free), credit/debit cards (2.5% fee), and several local payment methods for European users. USD deposits are also available but with more limited options.
Can US residents use WhiteBIT?
No. WhiteBIT does not accept users from the United States, Russia, or several other restricted jurisdictions. EU, UK, and most Asian countries are supported.
How does WhiteBIT compare to PrimeXBT?
WhiteBIT offers more coins (400+ vs 50+) and spot trading, while PrimeXBT provides higher leverage (500x vs 100x) and lower futures fees (0.01% vs 0.02% maker). PrimeXBT is better for derivatives traders; WhiteBIT suits spot traders who want variety.